https://www.taxtmi.com/caselaws?id=65474 The Tribunal concluded that the reassessment under section 148 read with section 143(3) was invalid due to the failure to issue a notice under section 143(2). The absence of this notice meant the Assessing Officer lacked jurisdiction, rendering the reassessment void. The Tribunal also determined that section 292B could not rectify this procedural lapse, and the assessee's participation in proceedings did not waive the requirement for notice. Consequently, the reassessment was quashed, and both the assessee's and department's appeals were dismissed as infructuous. en-us Fri, 18 Jan 2008 00:00:00 +0530 Tue, 23 Jan 2024 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65474 The Tribunal concluded that the reassessment under section 148 read with section 143(3) was invalid due to the failure to issue a notice under section 143(2). The absence of this notice meant the Assessing Officer lacked jurisdiction, rendering the reassessment void. The Tribunal also determined that section 292B could not rectify this procedural lapse, and the assessee's participation in proceedings did not waive the requirement for notice. Consequently, the reassessment was quashed, and both the assessee's and department's appeals were dismissed as infructuous. Case-Laws Income Tax Fri, 18 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65474